Skip to main content

About your Search

WHUT (Howard University Television) 4
( more )
English 143
Search Results 0 to 49 of about 145 (some duplicates have been removed)
wall street journal," -- -- he went on to say, "the economy is recovering too slowly and should not be regarded as the new normal." >> we need a new approach. an approach that removes obstacles of growth, prosperity -- of growth and prosperity. unleash the nation of builders. to become a nation of builders and i think we have to stop picking winners and losers and start focusing on expanding opportunity for everyone. we started out by giving our kids a good chance at an education. to hirend opportunity axa's education so students are ready for tomorrow's job market. to become a nation of builders again, we need to fix our tax code. if we clear out all of these loopholes and make the tax code fair it is going to make it easier to understand, we will be creating more incentives to bring jobs home, and keep our resources here in america. a host: john boehner before the national association of manufacturers. this headline from "the -- this editorial from "the wall street journal" -- joseph on our twitter page has this comment -- logan is on the phone from las vegas on our independen
the economy and improve relations with the west. >>> group of eight leaders are in northern ireland for their annual summit to discuss a wide range of issues including the conflict in syria. >>> "the guardian" newspaper says british agents spied on foreign politicians and officials in 2009 during a g-20 meeting in london. >>> iran's president-elect has held a news conference in tehran. hassan rouhani made a victory speech. he said his administration will rebuild the economy and improve relations with the international community. president-elect hassan rouhani held a news conference for the first time after winning majority of votes in friday's election. nearly 400 journalists attended. >> rouhani ime promised to improve the economy in relation to international. >> rouhani garnered 55% of more than votes. moderate and reformist groups came together to help him. but he'll have to work with hard-line conservatives if he wants to push his agenda forward as they occupy majority in the parliament. he'll be inaugurated in early august succeeded outgoing president mahmoud ahmadinejad. >>> l
to tap the brakes on the feds' bond buying program designed to lower interest rates and spur the economy. fox business network senior washington correspondent peter barns has an update. >> good evening. the fed says the central bank could be getting ready to wind down the easy money policies it has been using for the last five years to help the economy recover from the great recession, the first to slow and then to go, the controversial bond buying program, known as quantitative easing, which helped keep interest rates low. so far, the fed purchased $2.5 trillion in bonds to help flood the financial system with cash, basically printing new money. purchases help keep rates low for auto loans, mortgages and business loans. the fed chairman had cars on his mind when he said his team could start reducing purchases later this year, if the economy keeps growing and unemployment keeps dropping. >> if incoming data support that the economy can sustain a reasonable cruising speed, we will ease the pressure on the accelerator by gradually reducing pace of purchases. however, any need to consider a
morning to you. leaders of the world's most powerful economies are gathering in northern ireland for a two-day summit. british prime minister david cameron is the host, and he's pushing for countries to share more financial information. leaders there also expected to discuss differences on some of the big issues. syria's civil war, free trade between europe and north america and of course global tax evasion. we'll have a live report from steve sedgwick on the ground in the next hour. >>> unions in turkey, they're on a owuone-day strike over the eviction of protesters from a park in istanbul. police and protesters clashed from sporadically overnight following a weekend of scuffles in the city. nbc's richard engel will join us with the latest in the next hour. >>> also in corporate news this morning, a large activist investor in smithfield foods is pressuring the company to explore a break-up rather than go ahead with that planned $4.7 billion takeover by a chinese meat producer. i don't know if this is going to make joe happy or not, but "the wall street journal" reporting that starboard va
is on boosting the global economy, but the war in syria is dominating diplomacy ahead of the meeting. our diplomatic editor says divisions are growing between russia and other members of the group are good -- group. >> i think there is some trust between two people, the foreign ministers john kerry, the u.s. secretary of state, and the russian foreign minister sergey lever of. when you go wider and the two administrations, there is not much trust. on the american side, they believe that russia is seriously supporting assad's ongoing onslaught which saw the fall of qusayr. i think that is one of the factors, that seriously worried the obama administration. are the russians really serious? or are they just talking about going to geneva and in the meantime trying to win the battle on the ground, giving assad a lot of assistance? the russians make the point that we have the assad regime to go to geneva. or at least they say they will go to geneva, while the americans -- their job was to bring the opposition to the negotiating table. they have not achieved that. the opposition has not signed o
of a timetable on it, saying if the forecast for the economy goes as planned, we'll start reducing the amount of -- combination for the economy by the end of this year and we'll end it next year. he tried to go to great, great lengths to say, you know what, that doesn't mean we're tightening on the economy, just we're not stimulating the economy as much as we do before. >> we've seen the market drop even lower today. there is some thought that that might actually have to do with what's happening in china as well. can you talk a little bit about that? >> i think that's a piece of it. we got negative data out of china that was a bit of a surprise. there's concern about the chinese central bank there, the people's bank of china clamping down on bank lending there so maybe you'd have what you call a hard landing where things would stop a little more abruptly than had been anticipated. the data out of the u.s. was a mix. we're kind of feeling our way along here. i think the real concern for the markets right now is does the fed make a mistake here? does it end up withdrawing the stimulus from the
, thank you. >> a little background on brazil. it's one of the world's largest economies coming in as number six. it was ninth in gross domestic product, it's expected to grow a 4.2%. inflation is up at 6.7% for the past year. rising rate fueling concerns there may be a another round of interest rate hikes. poverty rate stands at 21.4% with more than 41 million people considered poor. we will continue to follow the unrest in brazil. coming up later this hour, rick grenell the spokesperson for the last four ambassadors to the u.n. he will join us live. >> gregg: immigration reform is debates the turn in spotlight. next week on capitol hill, but can u.s. scenarios behind the bill actually gin up enough support for its passage. elizabeth plann has the story live from d.c. bureau. >> the immigration reform bill starting to take shape in the senate while republicans in the house continue to form what they think is a solution. just as the president says it's a pathway to provide citizenship for folks that wanted to come here and stay here legally while bringing relief to a struggling
much that is costing the european economy, european jobs, and the european government? guest: at the moment, we are asking our citizens to do a lot of sacrifice in order to adjust to the impact of the financial crisis. we cannot allow a number of people to escape, a number of people to evade their tax responsibilities. so, i think this was a powerful message from the g8. very much supported and initiated by the europeans to make sure that our tax system is assumes itsverybody responsibilities in terms of and that when we ask normal citizens to make sacrifices, we should at the same time ensure that any of the people that tries to escape this sanctions -- is sanctions. cooperation among states is an effective one, and this is what they discussed in the g8 and what we are implementing. we are happy to see that we are on the same wavelength with the americans. host: what about switzerland? is which alone one of those locations used as a tax haven? guest: switzerland is not part of the european union, but we have a solid relationship with switzerland. we made a number of agreemen
of the elections. while the economy and iraq's kurdish north is booming, there is still no reliable power supply in baghdad. tangled cables apply electricity. he sewage system is ruined and streets and houses are in dire need of repair. that would mean work if it were for the -- if there went out for the constant violence. >> every time a device explodes, it takes work away from us for a week or two. no one comes to buy supplies. i have a family to feed. lex in the first round of provincial elections, the alliance prevailed, but it garnered fewer votes than the previous poll. there was voting in sunni regions that do discriminate against by the government, but many say it's not even about the sectarian conflict. it's just feuding politicians. >> i hope the elections bring change. there are no jobs. there's no electricity. i hope it gets better. >> at iraqi society is hobbled. although the people of iraq were able to cast ballots on thursday, they are not optimistic. >> markets have plunged after the u.s. federal reserve chairman said the central bank could and bond purchases next year if the eco
going off every day ahead of the elections. while the economy and iraq's kurdish north is booming, there is still no reliable power supply in baghdad. tangled cables apply electricity. he sewage system is ruined and streets and houses are in dire need of repair. that would mean work if it were for the -- if there went out for the constant violence. >> every time a device explodes, it takes work away from us for a week or two. no one comes to buy supplies. i have a family to feed. lex in the first round of provincial elections, the alliance prevailed, but it garnered fewer votes than the previous poll. there was voting in sunni regions that do discriminate against by the government, but many say it's not even about the sectarian conflict. it's just feuding politicians. >> i hope the elections bring change. there are no jobs. there's no electricity. i hope it gets better. >> at iraqi society is hobbled. although the people of iraq were able to cast ballots on thursday, they are not optimistic. >> markets have plunged after the u.s. federal reserve chairman said the central bank coul
, given the fact that we are becoming energies efficient with fracking? our economy is growing, the dow is up today 161 points, can we ignore the world events and continue to go on with the kind of relationships we used to need? >> no. i think it is more important that america become a player. we still have so many other issues. as the world is getting smaller, america must exert their influence in ways that were unforeseen 20 or 30 years ago. we have to be engaged. if we take an internal role of we are not needed as we were, i think that we do it at our peril. lori: a lot of economists are very concerned about this currency war that is underway. you have countries at the g8 representing $7 trillion in global economic wealth. do you think that that topic will come up? how do you realistically have a discussion about a trade deal if you do not talk about what is really going on. >> there is no question about it. if we will have a trade agreement, it has to be free, it has to be fair, and it has to be equitable to all parties. if one party has an upper hand, it is honored as a breach. com
. rohani called for moderation and for reviving iran's economy. in recent years, international sanctions aimed at rean's nuclear program helped fuel rising inflation and high unemployment. rohani presided over nuclear talks with the west between 2003 and 2005. but today the president elect was not support ceasing iranian enrichment. >> we will make nuclear talks more active. this is a problem. solution to the nuclear problem is just talks. neither threats nor sanctions will work. >> ifill: he left open the door to improving relations with the united states. >> the problem complicated and difficult. there's an old wound that should be dealt with with prudence. of course we are not seeking tension or increase can the tension. common sense says our two countries should think about the future more than the past. >> u.s. officials cautiously welcomed rohani's victory but state department spokeswoman said the obama administration wants to see more. >> we look forward to him and are hopeful that he will fulfill the campaign promises he made to the iranian people such as expanding personal
, they can't weaken america. they didn't weaken our economy. they helped build this country, helped build this economy as all of our ancestors did, and that's true of immigrants who want to come here and work and we ought to have a legal avenue that allows these people who want to build a better life for themselves and in the process build a better america, we ought to allow that to happen. this bill in my view doesn't go nearly far enough in accommodating the legal immigration that we could and should have in this country especially with respect to low-skilled workers. i'll be the first to say the bill makes a lot of progress for high-skilled workers, two big areas, the h-1b visas, the cap that has been too low for too long is significantly raised and although we've created hoops people have to go through that are probably unnecessary, it is progress that we have a much higher cap. there's also a new opportunity for graduate students in the stem fields to get green cards in time and that is very, very constructive. these people come here with a great deal of human capital, intellectual c
a facebook page now. so, you know, the world has really changed, and our energy economy has similarly changed. if you go back again to that time ten years ago, oil production, of course, continued to fall in the united states, imports increasing dramatically. top business leaders and thinkers from lee raymond to alan greenspan be projected an enormous natural gas shortfall and, in fact, there were lots of investments for lng imports. today we talk about blend w5u8 problems. pv, distributed pv, $10 a watt. today we're talking about incredibly reduced costs. wind power up by a factor of 15 in that time period. so there really has been tremendous change, in fact, even in the four years since president obama took office we've seen this. most especially, of course, we all know how unconventional gas and oil have been a game changer in this, in this country. we often think of the energy industry, the energy system as one of incredible inertia and very hard and resistant to change. and there are some, there is some truth in that, and there are some good reasons. capital intensity, all kinds of issue
this much improvement in the economy versus this much distortion of every kind of asset class investors have a choice of. it is time, isn't it? melissa: that is not really what we're talking about. we're talking bu with the chaos that ensued this week. for example, let me play the sound bite president obama basically fired ben bernanke and charlie rose. we will get both your reactions on the other side. president obama: i think ben bernanke has done an excellent job. he is like fiv bob mueller. he stayed a lot longer than he wanted or he was supposed to. >> but if he wanted to be reappointed, you would reappoint him? president obama: he has been outstanding partner along with the white house. melissa: what? that is nottreally a ringing endorsement. that is like somebody saying how is your husband? that is like somebody saying he has been outstanding partner until now. >> anybody can be a loose cannon, it is just odd it is the president of the united states? melissa: was that a loose cannon? >> he is not going to jackson hole, that was a little odd. he has been telegraphing things and a lot o
economies. joining us now is jared bernstein of the center on budget and policy priorities and a former top economist to advice joe biden. is this not a good moment for us to gave thanks that congressman paul ryan has not been in charge of the american economy because if he had been, it would resemble those at the g-8 who have suffered triple dip recessions as a result of applying austerity? >> i think it is a helpful analogy. if you think about the impact of the of kinds of policies, austerity, that paul ryan and many other republicans stand for right now, you can see their economic impact by looking over at europe. back in 2009, when there was a similar summit, a g-209 summit, the president went over there and explained we're applying fiscal stimulus pretty aggressively in our country and many of you should try to do the same. some of them took it up on it and their economies began to improve. then they pivoted to deficit reduction way too early and by the bit off this austerity idea to the point where you can just watch their unemployment rate reverse course and start to go up. now much
reserve painted a brighter picture of the economy today. the central bank estimated unemployment will fall a little faster than expected this year and next. chairman ben bernanke said that means the fed may start scaling back its stimulus efforts later this year. he promised it will come in measured steps, to reassure investors. >> we are in a more complex type of situation, but we are determined to be as clear as we can, and we hope that you are and your listeners and the markets will all be able to follow what we're saying. >> sreenivasan: bernanke's words did little to reassure wall street today. stocks fell sharply on fears that if the fed curtails its bond-buying program, interest rates will rise and growth will slow. the dow jones industrial average lost 206 points to close at 15,112. the nasdaq fell nearly 39 points to close at 3,443. the internal revenue service is taking new fire-- this time over plans to pay bonuses to employees. republican senator chuck grassley of iowa said it comes to $70 million, despite a white house directive to cancel such payments due to automatic spendin
and singapore. so we were number one anymore, blue number three against pretty dynamic economies. over the last 13 years, with now dropped down to number 18. when people ask what is wrong with the economy, why do we have such high unemployment? y has disposable income per capita basis, why is that decline in house over the last 10 years? the answer is right there. we are less free today than we were 13 years ago. as are economic freedom declines, government regulation increase, taxes increased, the engine that is the basis for our prosperity, which is business is lessened and prosperity is therefore declining as well. as economic freedom does not come so does prosperity. so if the business people are willing to speak up for free enterprise capitalism, we can expect economic freedom to continue to lesson in american press verity will continue to lesson as well. we are far from a free enterprise capitalist system anymore. we are moved towards a crony capitalistic system, where we've got a government and big business often times colluding with each other. the great example is the fiscal cliff bill
to be there on this path. >> issues at the forefront of people's minds are economy and unemployment. iran has a young population that is highly educated, but many are struggling to find jobs. >> hassan rouhani is not new to politics and is an outspoken critic of ahmadinejad. his election in 2005 he resigned from his post. >> i expect him to at least record -- restore the economic situation to what it was eight years ago. i live in my country and i expect to live in my country comfortably. >> i wanted economy to be fixed. that is one of the most important problems. i used to be a shopkeeper, but i quit. is note hassan rouhani the -- >> if we want to choose a way to develop a country and ensure the welfare of the people and establish peace and stability, there is no better way than enforcing the law and remaining committed to the law. >> hassan rouhani is a longtime friend of the man who holds the real power in iran, the supreme leader. while he says he wants to reach out by getting away from extremism in foreign-policy, he has almost -- also promised there will be no surrender to western demands. a ra
are crippling iran's economy and creating unemployment. rouhani says they are backwards and regressive and now is a time of opportunity for improves international relations. he expressed his hope for better relations with arab countries and an end to the syrian conflict. >> the problems facing syria today can only be resolved by the people of syria. the destiny of syria can only be decided by the syrian people. >> rouhani is expected to take office in a month and a half. until then, mahmoud ahmadinejad is still the president and now has been summoned to court in november after parliamentary speaker larijani filed an official complaint. the contents are unknown. it appears mahmoud ahmadinejad will still be in the spotlight even after he leaves office. al jazeera, tehran. >> you're watching al jazeera, a reminder of our top stories. the war in syria is dominating most of the talks in the g-8 summit in northern ireland. vladimir putin and barack obama have met but are struggling to agree on a way to end the violence. the british government meanwhile has been accused of spying on foreign leaders i
, they usually focus on the global economy. but this year's meeting comes at a precarious time in the syrian civil war. seven g-8 countries are on one side. country number 8, russia on the other. >> arriving on a golf retreat to northern ireland, president obama had to leave his clubs stateside and immediately get down to business. tops on his agenda, finding common ground with russia on the issue of syria. but while today was no cold war confrontation, both leaders admitted they disagreed on how to deal with syria. but putin went out of his way to endorse the idea of a negotiated settlement. >> we do have differing perspectives on the problem, but we share an interest in reducing the violence, securing chemical weapons. >> all of us have the intention to stop the violence in syria, to stop the growth of victims, and to solve the situation peacefully, including by bringing the parties to the negotiations table in geneva. >> reporter: putin's words today were decidedly more measured than yesterday when he met with british prime minister david cameron, referring to a graphic video of one syria
the economy. today rouhani signaled a new more open approach. "we are ready to show more transparency to the world" he said. rouhani is 64 years old, a cleric with a law degree from scotland. he's also known as a bridge builder who was once iran's chief nuclear negotiator. in 2003, he put that program on pause to pave the way for talks with the west. sir richard dalton, back then britain's ambassador to iran, said rouhani could steer the way to talks again. >> provided by the united states and its negotiating partners come forward a little way to meet iran it should be possible to get a first stage confidence building agreement on the nuclear question. >> reporter: asked specifically today about iran's relations with the united states, rouhani said "there's an old wound between the two countries that needs to be healed." jubilant iranians spilled into the streets to celebrate rouhani's win. although they won't know for some time just how much of a reformer he turns out to be. >> pelley: elizabeth palmer is joining us from our london bureau. elizabeth, if this is reform, why is it happ
to back off of this government program that has helped push the economy along and that has sent the markets in a tail spin. he used the word "taper", he's going to taper the program. what does that mean? well, imagine the economy to be like a kid trying to ride a bicycle after a spill, trying to get back on balance. the fed has been helping out to steady and push him along with about $85 billion a month in stimulus. ben bernanke has been looking at numbers saying housing is up almost 7% in may, unemployment 7.6%, not getting better but not getting worse, gdp, 2.6%, all of that he's saying is that all of this that is good enough that the government can start backing off and let the economy stand on its own a little more. i'll be there. if it gets in trouble, i'll step in and save it, it will be okay, there is what we should do. so why are the markets so troubled? partially because they're looking at the same numbers and they are not as confident. their sense is that if you step away from this economy right now and try to let it ride on its own, in fact you could have a lot of wob
: both sides are addressing the economy, to bring growth back. it is not easy. we are facing enormous challenges on both sides. we have different kinds of responses, different kinds of contacts in america. i think the common concern is to make sure the recovery is a sustainable one that we don't go in an up and down in terms of economic performance. i think we have established a few lines that are common. we need financial stability and we need to increase our competitiveness. we are facing enormous challenges in emerging economies. we need to adjust our economy for training and education and we need the skills in the job market. for the moment i think the g-8 has clearly identified that. we need to join efforts at the international level to create a right position. host: what needs to happen? guest: i think we need to consolidate our accounts and put our house in order in terms of the debt and deficit. that is crucial for our credibility of our efforts. at the same time, we need to invest in a new way, we need to create the sources of competitiveness for the future. so our economies
legally while bringing relief to a struggling economy. >> this bipartisan common sense bill will help the middle class grow our economy and shrink our deficits by making sure that every workinger in america practice plays by the same rules and pays taxes. >> senators introduced a bill that would bolster border security. the measure includes 700 miles of fencing along the u.s.-mexico border with the addition of tens of thousands of border agents. it also enforces a nationwide everify system and needs to be in place before illegal immigrants can apply for green cards. with all the support it has, there is still no guarantee this will fly through the senate before the fourth of july recess. >> this current bill is a mess. it is repeating the same failed pattern we saw in 1986. today instead of 3 million people, we're dealing with 11 million people who are here illegally. and what congress is saying is the exact same deal, which is legalization first and then they're promising maybe some day in the future the border will be security. >> senate leaders took a crucial test vote on this plan
at this lakeside resort in ireland was supposed to be the economy, trade. the meetings will be dominated by an issue that was not on the agenda. syria, as the u.s. and most of its western allies troo toy figure out a way to prop up that opposition in the country's two-year-old civil war. the old g-7 basically came together as a way to -- a bit of a counterforce to the soviet union. and now of course this country, number eight, russia. vladimir putin has stuck by syria's leader bashar al assad. in fact, before arriving in northern ireland, putin met with british prime minister david cameron. his comments after that meeting seemed to foreshadow a cold war-like exchange over syria with president obama when the the two meet later today. >> in regards to the supplies of weapons to the assad government and as regards to who has the blood of the children and peaceful citizens of syria, i believe you will not deny that the blood is on the hands of both parties. >> of course, president obama has been a very reluckant supporter of arming the syrian opposition. and it's meant he's gotten a lot of b
many, the economy forthright in their minds when they went to the ballot box. >> this current situation should be change. you know how tough it is for people. people suffer from high prices. >> eight years of auckland in the jobs credit is a -- the sanctions have heard. , itue to increasing prices is getting worse and worse. i want stations to be lifted. >> he urged all iranians to come out and vote, saying it was not only their national duty, that the religious duty. point. in the size that -- leaders emphasized that point. >> the government has been eager to ensure there is no repeat of the pro-reformist demonstrations, and violence which marge -- marred the elections four years ago. the voting shows iranians do care about who their next president will be. the interior ministry extended the hours of voting three times on friday. pose -- polls opened at 8:00 in the morning. that is, the polls were extended for the interior ministry for the surge of voters. they predicted a turnout of 70% of people. even after when they lock the doors, they let the people inside cast their vote. one of
the detention facility at guantanamo bay, cuba. the latest data on the u.s. economy left something to be desired today. factory output barely rose in may, and consumer sentiment fell in june. wall street reacted with a friday sell-off. the dow jones industrial average lost nearly 106 points to close at 15,70. the nasdaq fell nearly 22 points to close at 3,423. for the week, both the dow and the nasdaq lost more than 1%. those are some of the day's major stories. now, back to judy. >> woodruff: today the city of detroit, and its creditors, were presented with a series of painful options. retired city workers were warned of significant cuts in pensions and health insurance and creditors were told the city won't be able to pay them back. the day started with an announcement that the government already defaulted on some debt. it got worse from there. ray suarez has the story. >> make the banks pay. >> suarez: a handful of protesters picketed outside the westin hotel this morning, while inside, detroit's emergency manager kevyn orr laid out a last-ditch plan to 150 creditors to accept pennies on the
for the new parliament even though the region is key to the economy. this region has been marna leitch -- marginalize for 50 years. it was excluded for all developments. it is the richest region in the country because of the raw materials. a former postal worker has not been able to achieve much for the region he represents. many hope against hope that politicians can do something for them. unpaid compensation, missing approval, denied loans, the list of complaints is in less. almost all of them are dissatisfied. we accompany him for a portion of his journey. not far from here are the mountains where security forces recently found an islamic terrorist camp. the extremists are just a passing phenomenon. radicalization is normal after a resolution. it will soon subside. he says he thinks the constitutional assembly is working well and that any claims to the contrary are wrong. he says the assembly members are working hard. he adds the constitution is almost finished. things are tense and tunis as well. political business continues as usual. here in the parliamentary cafeteria, he is a qu
we'll leave in place a disaster, a de facto amnesty disaster that's hurting our economy, sovereignty, our security. >> sean: the reason for the distrust every time we hear there's going spending reined in and tax increases american people seem to get the tax increase but never get the spending cuts. i guess you understand the distrust. >> do i. that's why those things are linked. that's why the permanent residency with the green card -- that won't happen unless these border provisions happen first. >> sean: can i just get you maybe to reiterate, because there's been so much debate about this. you're saying you're pretty confident tomorrow that the border will be secure first with triggers before there's any path to legalization? >> before there's any path to permanent residency, permanent legal residency. you have 11 million people living here right now. we have to run them through a background check and start paying taxes and pay a fine. but that's not permanent. that's a temporary work status. the only difference between what they are doing now and what i'm proposing they have to p
is because ben bernanke said we might taper back from this printing. >> we might end it if the economy gets better. i don't believe they're really going to do this. >> steve: you don't? >> no. i don't think ben bernanke will be replaced by janet yellen who is into printing money. i think they will not allow the obama economy to rest on its own. they will keep printing money to keep this feeble economy. if you stop printing money, then all the impact of obamacare, higher taxes, all the regulations that this president has imposed, those chickens come home to roost and forget about the 3% growth. we'll have 1% growth if we're lucky. >> steve: we probably have 3% growth because of this printing of the money. >> right. >> steve: i know you don't think it will happen any time soon. but if it did happen next month what, would happen? >> if he stopped printing money next month, the market would go down to 12,000. i've been on tho thank show and i said if he keeps printing money, there is no stopping it. >> steve: you say 20,000? >> if he keeps printing, dow 20,000 in the next couple years is feasib
to continue the discussion on the economy but the conversation was disrupted by a dramatic turn of events in syria. the obama administration announced on thursday that they'll begin to arm the syrian rebelsful the about face came after confirmation that the embattled president bashar al assad has used chemical weapons against his own people. we learned more about the carnage as the u.n. announced more than 90,000 men, women and children have died in the 2-year-old conflict. a staggering loss of life but one that so far has not swayed the american people that this is a war worth fighting. a recent nbc "wall street journal" poll showed the american public is still extremely hesitant to intervene in the conflict. with nearly one in four americans saying, we should satisfy no action at all. asked to pick a response to stop the killing of civilians in syria, just 15% say they favor u.s. military action and only 11% want to provide arms to the opposition. by comparison, the pluralality of responses preferred to provide only humanitarian assistance and 24% believe the u.s. shouldn't take any act
's largest democracies gather, they focus on the global economy. this year's meeting comes at a precarious time in the syrian civil war. seven g8 countries on one side, country number eight, russia, on the other. >> arriving on a golf retreat to northern ireland, president obama had to leave his clubs stateside and immediately get down to business. finding common ground with russia on syria. both leaders admitted they disagree how to deal with syria. but putin went out of his way to endore the idea of a negotiated settlement. >> we have different perspectives on the problem, but we do share the desire to reduce violence, securing chemical weapons. >> translator: we want to stop the violence in syria, stop the growth of victims, and to solve the situation peacefully, by including coming to the negotiation table in geneva. >> reporter: putin's words today, decidedly more measured than yesterday, when he met with prime minister david cameron. >> translator: we shouldn't back those who kill their enemies and eat their organs. >> reporter: president obama comes to the summit, fizz trip to europ
that the u.s. economy is on the road to recovery. baby boomers are fueling rv sales. the motor home business hit a detour during the last ut now r vehicle sales apparently are up over the years. so what does this mean for the larger economy? let's bring back brenda buttner, senior business correspondent and anchor of "bulls and bears." thanks for coming back. >> absolutely. >> what is driving these numbers? they're up over the past year. >> they're up tremendously. right now nine million american households own rvs, that's the highest level ever. it's a $14 billion market in the u.s. but essentially you need a lot of confidence to buy a gas guzzling home on wheels. so what this is basically saying is that consumers are confident. essentially rv sales, they kind of anticipate a recession, but they also can foreshadow a recovery. so these sales show that perhaps we're on the road to recovery. >> because when sales bottomed out, it was due to a number of factors. like gas prices -- >> yeah. they didn't just bottom out. they went over a cliff from 2006 to 2009 motor homes, rv sales, fell 60%. th
. the president's approval rating on the economy in this poll is 42 approve, 57 disapprove, and as you know a lot of young people are getting out of school and not being able to find a job, and a large number of kids who get out of college are moving back in with their families. i think this is more than just nsa, it may be the economy, it may be the overall perception of the president. the other interesting note in the poll was that for the first time he was viewed by the american people as not honest and trustworthy. 49% said that phrase applies to him. 50% says it does not a my to him. that could be another thing, because young people had such -- he was such an aspirational figure to younger voters and younger americans and if there is agreeing perception that he's not shooting straight with him, that he's not honest and trustworthy that could be very close not only among young people but among all voters. jon: isn't that perhaps the bigger problem i mean for him? because it's one thing to have your job approval rating kind of bounce up and down, but once you are perceived as not necessarily t
Search Results 0 to 49 of about 145 (some duplicates have been removed)